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Hoban pledges 'dedicated' resource for insurance

Mark Hoban MP

The Conservative Party has attempted to allay the insurance industry's fears that it will be tarred with the same brush as banks, if the party comes to power this year and scraps the current regulator, by promising 'dedicated resources' to the sector.

Speaking exclusively to Post, Conservative MP and shadow minister for the Treasury, Mark Hoban admitted: "There is a very different regime for solvency for insurers and the fact that the risks

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